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Which of the following is least likely to be a constructive dividend? a. Was it a pro-rata stock dividend? b. What was your ownership percentage

Which of the following is least likely to be a constructive dividend?

a. Was it a pro-rata stock dividend?

b. What was your ownership percentage before and after the redemption?

c. Did the other shareholders redeem stock as well?

d. None of the above questions seem appropriate.

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